AC market gets relief from rising heat, 30 percent growth is estimated as compared to the sales before Kovid

Record sales of ACs

In April, the industry has sold 17.5 lakh units, which is double compared to this month of last year. The industry estimates that sales can register a growth of 50 to 60 percent over last year and 25 to 30 percent growth is possible over the pre-covid season.

Whether you are losing your sweat due to the rising heat or you are eagerly waiting for the monsoon, but there is also a part of the industry for which these summers are passing the most pleasant in the last several years. this is air conditioner ,air conditioner) market where growth this summer has been even better than before Kovid. According to the news of Money Control, this growth in the AC market is in situations when the supply has been affected due to the restrictions of Kovid in China. The report states that Lu (heatwave) And the reduction in purchases by people during Kovid has also seen an impact on sales this year. India is currently witnessing record heat. whereby the purchase of such (AC Sales) has also increased. Along with this, in view of the need of air conditioner in the monsoon season in India, it is being estimated that this year is going to be very good for the sector.

Record sales of ACs

In the news of Moneycontrol, the Consumer Appliances Manufacturers Association (CEAMA) has been quoted as saying that the industry sold 17.5 lakh units in April, which is double compared to this month of last year. Havells, Voltas and Godrej Appliances registered record sales during April. According to Eric Braganza, President of CEAMA, this summer has been going great in terms of business. According to him, in March this year, there is such heat as was usually seen in April. For this reason, there has been a sharp jump in the sale of ACs. And in the month of January to June, the sale of AC can be much better than last year. According to him, the indications are that this year the industry can register a growth of 50 to 60 percent as compared to last year and 25 to 30 percent growth is possible as compared to the pre-Covid season. However, the industry is struggling to maintain the supply at the same time. Due to the lockdown related to Kovid in China, the supply of semiconductors, controllers and compressors has been badly affected. The biggest impact is on the supply of power-saving 5 star ACs, as there is a shortage of controllers and compressors for such such. The industry believes that if the restrictions of Kovid in China are lifted in the coming days, then the sales of ACs are expected to increase further in June.

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Record heat in the country

At present, the country is witnessing record heat. The month of April of the year 2022 has proved to be the hottest April in more than 100 years. The Meteorological Department has forecast that the effect of heat will continue in many parts of the country. This year the monsoon is expected to arrive on time. Monsoon arrives in the country at the end of May. However, the effect of heat is seen throughout the month of June. In such a situation, the industry expects such procurement to continue during June.

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